After the financial crisis many consumers are feeling burned by the irresponsible risk taking of major banks like Bank of America (NYSE:BAC). Even if they never had any directly negative experience with the banks, simply hearing about the government money and bailouts that had to be used to prop up ailing institutions has left scorched earth that many banks still need to address, even years after the fact.


Matt Koppenheffer owns shares of Bank of America. The Motley Fool recommends Wells Fargo. The Motley Fool owns shares of Bank of America, Citigroup, and Wells Fargo. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.